Schwab Declares Preferred Stock Dividend
09/30/2022 - 05:13 PM
WESTLAKE, Texas --(BUSINESS WIRE)--
The Board of Directors of The Charles Schwab Corporation today declared a dividend on the following series of outstanding preferred stock, payable November 1, 2022 , to stockholders of record as of the close of business on October 17, 2022 :
Preferred Stock Series
Dividend Per Share
Fixed-to-Floating Rate Non-Cumulative Perpetual Preferred Stock, Series A (in floating rate period)
$19.43
Dividend Period: August 1, 2022 – November 1, 2022
About Charles Schwab
The Charles Schwab Corporation (NYSE: SCHW) is a leading provider of financial services, with 34.0 million active brokerage accounts, 2.3 million corporate retirement plan participants, 1.7 million banking accounts, and $7.13 trillion in client assets as of August 31, 2022 . Through its operating subsidiaries, the company provides a full range of wealth management, securities brokerage, banking, asset management, custody, and financial advisory services to individual investors and independent investment advisors. Its broker-dealer subsidiaries, Charles Schwab & Co., Inc. , TD Ameritrade, Inc. , and TD Ameritrade Clearing, Inc. , (members SIPC , https://www.sipc.org ), and their affiliates offer a complete range of investment services and products including an extensive selection of mutual funds; financial planning and investment advice; retirement plan and equity compensation plan services; referrals to independent, fee-based investment advisors; and custodial, operational and trading support for independent, fee-based investment advisors through Schwab Advisor Services. Its primary banking subsidiary, Charles Schwab Bank, SSB (member FDIC and an Equal Housing Lender), provides banking and lending services and products. More information is available at https://www.aboutschwab.com .
TD Ameritrade, Inc. and TD Ameritrade Clearing, Inc. are separate but affiliated companies and subsidiaries of TD Ameritrade Holding Corporation. TD Ameritrade Holding Corporation is a wholly owned subsidiary of The Charles Schwab Corporation . TD Ameritrade is a trademark jointly owned by TD Ameritrade IP Company, Inc. and The Toronto-Dominion Bank.
View source version on businesswire.com : https://www.businesswire.com/news/home/20220930005625/en/
MEDIA:
Mayura Hooper
Charles Schwab
Phone: 415-667-1525
INVESTORS/ANALYSTS:
Jeff Edwards
Charles Schwab
Phone: 415-667-1524
Source: The Charles Schwab Corporation
SCHW Rankings
#4193 Ranked by Stock Gains
SCHW Stock Data
Industry
Investment Banking and Securities Dealing
Sector
Finance and Insurance
Tags
Finance, Investment Banks/Brokers, Finance and Insurance, Investment Banking and Securities Dealing
About SCHW
The Charles Schwab Corporation is an American multinational financial services company. It offers banking, commercial banking, investing and related services including consulting, and wealth management advisory services to both retail and institutional clients.